TY 2020 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

or Section 4947(a)(1) Trust Treated as Private Foundation

Do not enter social security numbers on this form as it may be made public.
bullet

Go to www.irs.gov/Form990PF for instructions and the latest information.

OMB No. 1545-0052

2020

Open to Public Inspection

For calendar year 2020, or tax year beginning 01-01-2020 , and ending 12-31-2020

Name of foundation
THOMAS LYLE WILLIAMS CARE-SALVATION ARMY
BESSEMER TRUST COMPANY NA

Number and street (or P.O. box number if mail is not delivered to street address)1271 AVE OF THE AMERICAS No 42 FL
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
NEW YORK, NY10020

A Employer identification number

36-6673112

B Telephone number (see instructions)

(516) 508-9623

C If exemption application is pending, check here bullet

G Check all that apply: Initial returnInitial return of a former public charity
Final returnAmended return
Address change Name change

D 1. Foreign organizations, check here............. bullet

2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet

E If private foundation status was terminated
under section 507(b)(1)(A), check here ....... bullet

H Check type of organization: Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trust Other taxable private foundation

F If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here ....... bullet

I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16) bullet

$189,176,255J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

	Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).)	(a) Revenue and expenses per books		(b) Net investment income	(d) Disbursements for charitable purposes (cash basis only)


1	Contributions, gifts, grants, etc., received (attach schedule)
2	Check .............
3	Interest on savings and temporary cash investments
4	Dividends and interest from securities...	1,829,049		1,824,794
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		4,501,759
b	Gross sales price for all assets on line 6a 71,999,175
7	Capital gain net income (from Part IV, line 2)...			4,501,759
8	Net short-term capital gain.........
9	Income modifications...........
10a	Gross sales less returns and allowances
b	Less: Cost of goods sold....
c	Gross profit or (loss) (attach schedule).....
11	Other income (attach schedule).......
12	Total. Add lines 1 through 11........	6,330,808		6,326,553
13	Compensation of officers, directors, trustees, etc.	264,732		116,400	148,332
14	Other employee salaries and wages......
15	Pension plans, employee benefits.......
16a	Legal fees (attach schedule).........
b	Accounting fees (attach schedule).......
c	Other professional fees (attach schedule)....		1,039,279	1,039,279	0
17	Interest...............	31,278		31,278	0
18	Taxes (attach schedule) (see instructions)...		31,995	28,927	0
19	Depreciation (attach schedule) and depletion...
20	Occupancy..............
21	Travel, conferences, and meetings.......
22	Printing and publications..........
23	Other expenses (attach schedule).......		32,310	30,687	0
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	1,399,594		1,246,571	148,332
25	Contributions, gifts, grants paid.......	8,913,082			8,913,082
26	Total expenses and disbursements. Add lines 24 and 25	10,312,676		1,246,571	9,061,414
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	-3,981,868
b	Net investment income (if negative, enter -0-)			5,079,982
c	Adjusted net income (if negative, enter -0-)...

For Paperwork Reduction Act Notice, see instructions.

Cat. No. 11289X Form 990-PF (2020)

Form 990-PF (2020)

Page 2

Part II		Balance Sheets	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............
	2	Savings and temporary cash investments.........	10,926,127	8,183,664	8,183,664
	3	Accounts receivable 767
		Less: allowance for doubtful accounts	2,220	767	767
	4	Pledges receivable
		Less: allowance for doubtful accounts
	5	Grants receivable.................
	6	Receivables due from officers, directors, trustees, and other
		disqualified persons (attach schedule) (see instructions).....
	7	Other notes and loans receivable (attach schedule)
		Less: allowance for doubtful accounts
	8	Inventories for sale or use..............
	9	Prepaid expenses and deferred charges..........
	10a	Investments—U.S. and state government obligations (attach schedule)	33,825,077	26,288,388	27,181,941
	b	Investments—corporate stock (attach schedule).......	67,295,353	59,568,533	91,687,046
	c	Investments—corporate bonds (attach schedule).......	9,048,053	21,086,576	21,674,620
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........	20,269,581	20,269,580	25,924,424
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )	13,009,087	15,018,860	14,523,793
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	154,375,498	150,416,368	189,176,255
	17	Accounts payable and accrued expenses..........
	18	Grants payable.................
	19	Deferred revenue.................
	20	Loans from officers, directors, trustees, and other disqualified persons
	21	Mortgages and other notes payable (attach schedule)......
	22	Other liabilities (describe )
	23	Total liabilities (add lines 17 through 22).........	0	0
		Foundations that follow FASB ASC 958, check here
		and complete lines 24, 25, 29 and 30.
	24	Net assets without donor restrictions...........
	25	Net assets with donor restrictions............
		Foundations that do not follow FASB ASC 958, check here
		and complete lines 26 through 30.
	26	Capital stock, trust principal, or current funds........	154,375,498	154,375,498
	27	Paid-in or capital surplus, or land, bldg., and equipment fund	0	0
	28	Retained earnings, accumulated income, endowment, or other funds	0	-3,959,130
	29	Total net assets or fund balances (see instructions).....	154,375,498	150,416,368
	30	Total liabilities and net assets/fund balances (see instructions).	154,375,498	150,416,368

Part III

Analysis of Changes in Net Assets or Fund Balances

Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............

154,375,498

Enter amount from Part I, line 27a .....................

-3,981,868

Other increases not included in line 2 (itemize) bullet

22,738

Add lines 1, 2, and 3 ..........................

150,416,368

Decreases not included in line 2 (itemize) bullet

Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .

150,416,368

Form 990-PF (2020)

Page 3

Part IV

Capital Gains and Losses for Tax on Investment Income

(a) List and describe the kind(s) of property sold (e.g., real estate, 2-story brick warehouse; or common stock, 200 shs. MLC Co.)		(b) How acquired P—Purchase D—Donation
1 a	PUBLICLY TRADED SECURITIES
b	PUBLICLY TRADED SECURITIES
c	NET CAPITAL GAINS FROM PARTNERSHIPS
d	Capital Gains Dividends	P
e

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	26,858,172	26,719,734	138,438
b	41,919,813	40,777,682	1,142,131
c	2,602,121		2,602,121
d	619,069		619,069
e

Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69			(l) Gains (Col. (h) gain minus col. (k), but not less than -0-) or Losses (from col.(h))
(i) F.M.V. as of 12/31/69	(j) Adjusted basis as of 12/31/69	(k) Excess of col. (i) over col. (j), if any
a			138,438
b			1,142,131
c			2,602,121
d			619,069
e

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	4,501,759
3	Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
	If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0- in Part I, line 8 ...................		3

Part V

Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income

SECTION 4940(e) REPEALED ON DECEMBER 20, 2019 - DO NOT COMPLETE

1 Reserved

(a) Reserved	(b) Reserved	(c) Reserved	(d) Reserved

Reserved...........................

Reserved,..........................

Form 990-PF (2020)

Page 4

Part VI

Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)

1a	Exempt operating foundations described in section 4940(d)(2), check here and enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)
b	Reserved................................	1	70,612
c	All other domestic foundations enter 1.39% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2	Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	2	0
3	Add lines 1 and 2...........................	3	70,612
4	Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	4	0
5	Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- .....	5	70,612
6	Credits/Payments:

a	2020 estimated tax payments and 2019 overpayment credited to 2020	6a	97,878
b	Exempt foreign organizations—tax withheld at source......	6b	0
c	Tax paid with application for extension of time to file (Form 8868)...	6c	10,000
d	Backup withholding erroneously withheld ...........	6d	0

7	Total credits and payments. Add lines 6a through 6d..............		7	107,878
8	Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached.		8	0
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10	37,266
11	Enter the amount of line 10 to be: Credited to 2021 estimated tax37,266	Refunded	11	0

Part VII-A

Statements Regarding Activities

During the tax year, did the foundation attempt to influence any national, state, or local legislation or did

Yes

it participate or intervene in any political campaign? ....................

Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions

for the definition.................................

If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials

published or distributed by the foundation in connection with the activities.

Did the foundation file Form 1120-POL for this year?.....................

Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:

(1) On the foundation. bullet

$ 0(2) On foundation managers. bullet

$ 0

Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed

on foundation managers. bullet

$ 0

Has the foundation engaged in any activities that have not previously been reported to the IRS?.......

If "Yes," attach a detailed description of the activities.

Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles

of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....

Did the foundation have unrelated business gross income of $1,000 or more during the year?........

If "Yes," has it filed a tax return on Form 990-T for this year?...................

Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........

If "Yes," attach the statement required by General Instruction T.

Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:

By language in the governing instrument, or

By state legislation that effectively amends the governing instrument so that no mandatory directions

that conflict with the state law remain in the governing instrument?................

Yes

Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),

and Part XV..................................

Yes

Enter the states to which the foundation reports or with which it is registered (see instructions)

If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney

General (or designate) of each state as required by General Instruction G? If "No," attach explanation .

Yes

Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)

or 4942(j)(5) for calendar year 2020 or the taxable year beginning in 2020? See the instructions for Part XIV.

If "Yes," complete Part XIV .............................

Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names

and addresses. ...............................

Form 990-PF (2020)

Page 5

Part VII-A

Statements Regarding Activities (continued)

At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the

meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............

Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had

advisory privileges? If "Yes," attach statement. See instructions.................

Did the foundation comply with the public inspection requirements for its annual returns and exemption application?

Yes

Website address bullet

N/A

The books are in care of bullet

BESSEMER TRUST COMPANY NA Telephone no. bullet

(516) 508-9623

Located at bullet

1271 AVE OF THE AMERICAS 42 FLNEW YORKNY ZIP+4 bullet

10020

Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here ......... bullet

and enter the amount of tax-exempt interest received or accrued during the year ........ bullet

16 At any time during calendar year 2020, did the foundation have an interest in or a signature or other authority over YesNo

a bank, securities, or other financial account in a foreign country? .................

16 No

See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country bullet

Part VII-B

Statements Regarding Activities for Which Form 4720 May Be Required

File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.

Yes

During the year did the foundation (either directly or indirectly):

(1) Engage in the sale or exchange, or leasing of property with a disqualified person? YesNo

(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)

a disqualified person?......................YesNo

(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? YesNo

(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? YesNo

(5) Transfer any income or assets to a disqualified person (or make any of either available

for the benefit or use of a disqualified person)?...............YesNo

(6) Agree to pay money or property to a government official? (Exception. Check "No"

if the foundation agreed to make a grant to or to employ the official for a period

after termination of government service, if terminating within 90 days.).......YesNo

If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations

section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........

Organizations relying on a current notice regarding disaster assistance check here........ bullet

Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,

that were not corrected before the first day of the tax year beginning in 2020?.............

Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private

operating foundation defined in section 4942(j)(3) or 4942(j)(5)):

At the end of tax year 2020, did the foundation have any undistributed income (lines 6d

and 6e, Part XIII) for tax year(s) beginning before 2020?.............YesNo

If "Yes," list the years bullet

20, 20, 20, 20

Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)

(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)

to all years listed, answer "No" and attach statement—see instructions.) ..............

If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.

20, 20, 20, 20

Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at

any time during the year?......................YesNo

If "Yes," did it have excess business holdings in 2020 as a result of (1) any purchase by the foundation

or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved

by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)

the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine

if the foundation had excess business holdings in 2020.)..................

Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?

Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its

charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2020?

Form 990-PF (2020)

Page 6

Part VII-B

Statements Regarding Activities for Which Form 4720 May Be Required (continued)

During the year did the foundation pay or incur any amount to:

Yes

(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? YesNo

(2) Influence the outcome of any specific public election (see section 4955); or to carry

on, directly or indirectly, any voter registration drive?.............YesNo

(3) Provide a grant to an individual for travel, study, or other similar purposes? YesNo

(4) Provide a grant to an organization other than a charitable, etc., organization described

in section 4945(d)(4)(A)? See instructions................YesNo

(5) Provide for any purpose other than religious, charitable, scientific, literary, or

educational purposes, or for the prevention of cruelty to children or animals?.....YesNo

If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in

Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......

Organizations relying on a current notice regarding disaster assistance check here......... bullet

If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the

tax because it maintained expenditure responsibility for the grant?..........YesNo

If "Yes," attach the statement required by Regulations section 53.4945–5(d).

Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on

a personal benefit contract?.....................YesNo

Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....

If "Yes" to 6b, file Form 8870.

At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction? YesNo

If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? ....

Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or

excess parachute payment during the year? .................YesNo

Part VIII

Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors

1 List all officers, directors, trustees, foundation managers and their compensation. See instructions

(a) Name and address	(b) Title, and average hours per week devoted to position	(c) Compensation (If not paid, enter -0-)
ALSTON P WATT	CO-TRUSTEE 2.00	45,070
C/O BESSEMER TRUST CO 1271 AVE OF THE AMERICAS 42 FL NEW YORK,NY10020	CO-TRUSTEE 2.00	45,070
BESSEMER TRUST COMPANY NA	CO-TRUSTEE 10.00	174,592
1271 AVE OF THE AMERICAS 42 FL NEW YORK,NY10020	CO-TRUSTEE 10.00	174,592
THOMAS L WILLIAMS IV	CO-TRUSTEE 2.00	45,070
C/O BESSEMER TRUST CO 1271 AVE OF THE AMERICAS 42 FL NEW YORK,NY10020	CO-TRUSTEE 2.00	45,070

2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."


(a) Name and address of each employee paid more than $50,000	(b) Title, and average hours per week devoted to position	(c) Compensation	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
NONE









Total number of other employees paid over $50,000...................				0

Form 990-PF (2020)

Page 7

Part VIII

Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)

3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000	(b) Type of service	(c) Compensation
SELECT EQUITY GROUP INC	INVESTMENT SERVICES	128,236
380 LAFAYETTE ST NEW YORK,NY10003	INVESTMENT SERVICES	128,236
SOUTHEAST ASSET ADVISORS INC	INVESTMENT SERVICES	92,421
314 GORDON AVENUE THOMASVILLE,GA31792	INVESTMENT SERVICES	92,421
JOHN W BRISTOL & CO	INVESTMENT SERVICES	80,188
48 WALL STREET NEW YORK,NY10005	INVESTMENT SERVICES	80,188

Total number of others receiving over $50,000 for professional services............. bullet

Part IX-A

Summary of Direct Charitable Activities

List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc.	Expenses
1


2


3


4

Part IX-B

Summary of Program-Related Investments (see instructions)

Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2.	Amount
1


2


All other program-related investments. See instructions.
3

Total. Add lines 1 through 3......................... bullet

Form 990-PF (2020)

Page 8

Part X

Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)

Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,

purposes:

Average monthly fair market value of securities...................

170,491,371

Average of monthly cash balances.......................

10,590,464

Fair market value of all other assets (see instructions)................

Total (add lines 1a, b, and c).........................

181,081,835

Reduction claimed for blockage or other factors reported on lines 1a and

1c (attach detailed explanation) .............

Acquisition indebtedness applicable to line 1 assets..................

Subtract line 2 from line 1d.........................

181,081,835

Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see

instructions) .............................

2,716,228

Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4

178,365,607

Minimum investment return. Enter 5% of line 5..................

8,918,280

Part XI

Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow

and do not complete this part.)

Minimum investment return from Part X, line 6....................

8,918,280

Tax on investment income for 2020 from Part VI, line 5......

70,612

Income tax for 2020. (This does not include the tax from Part VI.)...

Add lines 2a and 2b............................

70,612

Distributable amount before adjustments. Subtract line 2c from line 1............

8,847,668

Recoveries of amounts treated as qualifying distributions................

Add lines 3 and 4............................

8,847,668

Deduction from distributable amount (see instructions).................

Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...

8,847,668

Part XII

Qualifying Distributions (see instructions)

Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:

Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........

9,061,414

Program-related investments—total from Part IX-B..................

Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,

purposes...............................

Amounts set aside for specific charitable projects that satisfy the:

Suitability test (prior IRS approval required)....................

Cash distribution test (attach the required schedule) .................

Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4

9,061,414

Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment

income. Enter 1% of Part I, line 27b. See instructions.................

Adjusted qualifying distributions. Subtract line 5 from line 4..............

9,061,414

Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
the section 4940(e) reduction of tax in those years.

Form 990-PF (2020)

Page 9

Part XIII

Undistributed Income (see instructions)

		(a) Corpus	(b) Years prior to 2019	(c) 2019	(d) 2020
1 Distributable amount for 2020 from Part XI, line 7					8,847,668
2 Undistributed income, if any, as of the end of 2020:
a Enter amount for 2019 only.......				0
b Total for prior years:20, 20, 20			0
3 Excess distributions carryover, if any, to 2020:
a From 2015......
b From 2016......	733,263
c From 2017......	373,191
d From 2018......
e From 2019......
fTotal of lines 3a through e........		1,106,454
4Qualifying distributions for 2020 from Part
XII, line 4: $ 9,061,414
a Applied to 2019, but not more than line 2a				0
b Applied to undistributed income of prior years (Election required—see instructions).....			0
c Treated as distributions out of corpus (Election required—see instructions)........		0
d Applied to 2020 distributable amount.....					8,847,668
e Remaining amount distributed out of corpus		213,746
5 Excess distributions carryover applied to 2020.		0			0
(If an amount appears in column (d), the same amount must be shown in column (a).)
6Enter the net total of each column as indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5		1,320,200
b Prior years’ undistributed income. Subtract line 4b from line 2b ..........			0
c Enter the amount of prior years’ undistributed income for which a notice of deficiency has been issued, or on which the section 4942(a) tax has been previously assessed......			0
d Subtract line 6c from line 6b. Taxable amount —see instructions ...........			0
e Undistributed income for 2019. Subtract line 4a from line 2a. Taxable amount—see instructions .............				0
f Undistributed income for 2020. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2021 ..........					0
7 Amounts treated as distributions out of corpus to satisfy requirements imposed by section 170(b)(1)(F) or 4942(g)(3) (Election may be required - see instructions) .......		0
8 Excess distributions carryover from 2015 not applied on line 5 or line 7 (see instructions) ...		0
9Excess distributions carryover to 2021. Subtract lines 7 and 8 from line 6a ......		1,320,200
10 Analysis of line 9:
a Excess from 2016....	733,263
b Excess from 2017....	373,191
c Excess from 2018....
d Excess from 2019....
e Excess from 2020....	213,746

Form 990-PF (2020)

Page 10

Part XIV

Private Operating Foundations (see instructions and Part VII-A, question 9)

1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2020, enter the date of the ruling....... bullet

b Check box to indicate whether the organization is a private operating foundation described in section4942(j)(3) or4942(j)(5)

2a Enter the lesser of the adjusted net income from Part I or the minimum investment return from Part X for each year listed ..........	Tax year	Prior 3 years			(e) Total
	(a) 2020	(b) 2019	(c) 2018	(d) 2017	(e) Total

b 85% of line 2a .........
c Qualifying distributions from Part XII, line 4 for each year listed .....
d Amounts included in line 2c not used directly for active conduct of exempt activities ..........
e Qualifying distributions made directly for active conduct of exempt activities. Subtract line 2d from line 2c ....
3 Complete 3a, b, or c for the alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......
(2) Value of assets qualifying under section 4942(j)(3)(B)(i)
b “Endowment" alternative test— enter 2/3 of minimum investment return shown in Part X, line 6 for each year listed...
c “Support" alternative test—enter:
(1) Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 512(a)(5)), or royalties) ....
(2) Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii)....
(3) Largest amount of support from an exempt organization
(4) Gross investment income

Part XV

Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)

1Information Regarding Foundation Managers:

aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)

bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.

2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:

Check here bullet

if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions

aThe name, address, and telephone number or email address of the person to whom applications should be addressed:

bThe form in which applications should be submitted and information and materials they should include:

cAny submission deadlines:

dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:

Form 990-PF (2020)

Page 11

Part XV

Supplementary Information (continued)

3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient	If recipient is an individual, show any relationship to any foundation manager or substantial contributor	Foundation status of recipient	Purpose of grant or contribution	Amount
Name and address (home or business)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
CARE INC 151 ELLIS STREET ATLANTA,GA30303	N/A	PUBLIC CHARITY	GENERAL EXEMPT PURPOSE	5,941,963
CHARITABLE CONTRIBUTIONS THROUGH PARTNERSHIPS 1271 AVE OF THE AMERICAS 42 FL NEW YORK,NY10020	N/A	PUBLIC CHARITY	GENERAL EXEMPT PURPOSE	137
SALVATION ARMY 615 SLATERS LN ALEXANDRIA,VA22313	N/A	PUBLIC CHARITY	GENERAL EXEMPT PURPOSE	2,970,982
Total ................................. 3a				8,913,082

bApproved for future payment

Total ................................. 3b				0

Form 990-PF (2020)

Page 12

Part XVI-A

Analysis of Income-Producing Activities

Enter gross amounts unless otherwise indicated.	Unrelated business income		Excluded by section 512, 513, or 514		(e) Related or exempt function income (See instructions.)
1Program service revenue:	(a) Business code	(b) Amount	(c) Exclusion code	(d) Amount	(e) Related or exempt function income (See instructions.)
a
b
c
d
e
f
gFees and contracts from government agencies
2 Membership dues and assessments....
3 Interest on savings and temporary cash investments ...........
4 Dividends and interest from securities....			14	1,829,049
5 Net rental income or (loss) from real estate:
aDebt-financed property......
bNot debt-financed property.....
6 Net rental income or (loss) from personal property
7 Other investment income.....
8 Gain or (loss) from sales of assets other than inventory ............			18	4,501,759
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory
11 Other revenue: a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e)..		0		6,330,808	0

13Total. Add line 12, columns (b), (d), and (e)..................

6,330,808

(See worksheet in line 13 instructions to verify calculations.)

Part XVI-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See instructions.)

Form 990-PF (2020)

Page 13

Part XVII

Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations

Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?

Yes

Transfers from the reporting foundation to a noncharitable exempt organization of:

(1) Cash...................................

1a(1)

(2) Other assets.................................

1a(2)

Other transactions:

(1) Sales of assets to a noncharitable exempt organization....................

1b(1)

(2) Purchases of assets from a noncharitable exempt organization..................

1b(2)

(3) Rental of facilities, equipment, or other assets.......................

1b(3)

(4) Reimbursement arrangements...........................

1b(4)

(5) Loans or loan guarantees.............................

1b(5)

(6) Performance of services or membership or fundraising solicitations................

1b(6)

Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............

If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

(a) Line No.	(b) Amount involved	(c) Name of noncharitable exempt organization	(d) Description of transfers, transactions, and sharing arrangements

Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........Yes No

If "Yes," complete the following schedule.

(a) Name of organization	(b) Type of organization	(c) Description of relationship

Sign Here

Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
				May the IRS discuss this return with the preparer shown below? See instructions. Yes No
	Signature of officer or trustee	Date	Title

Paid Preparer Use Only	Print/Type preparer's name	Preparer's Signature	Date	Check if self- employed	PTIN
	Firm's name				Firm's EIN
	Firm's address				Phone no.

Form 990-PF (2020)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

TY 2020 InvestmentsCorpBondsSchedule

Name:

THOMAS LYLE WILLIAMS CARE-SALVATION ARMY

BESSEMER TRUST COMPANY NA

EIN:

36-6673112

Name of Bond	End of Year Book Value	End of Year Fair Market Value
485000.00 EXXON MOBIL CORPORATION	485,000	499,266
485000.00 AIR PRODUCTS & CHEMICALS	487,828	505,175
475000.00 CATERPILLAR FINL SERVICE	474,577	479,484
210000.00 JPMORGAN CHASE & CO	210,297	250,191
450000.00 SALESFORCE.COM INC	475,194	479,399
490000.00 MONDELEZ INTERNATIONAL	489,931	492,202
490000.00 HP ENTERPRISE CO	489,427	502,782
490000.00 VALERO ENERGY CORP	491,563	493,165
305000.00 GEORGIA POWER CO	306,088	305,970
445000.00 ABBVIE INC	474,390	485,009
499000.00 BRISTOL-MYERS SQUIBB CO	494,304	500,700
489000.00 VERIZON COMMUNICATIONS	494,780	487,059
410000.00 UNION PACIFIC CORP	487,383	488,363
485000.00 PFIZER INC	517,590	522,190
415000.00 SOUTHWEST AIRLINES CO	488,147	493,386
455000.00 BROADCOM CRP / CAYMN FI	491,336	492,187
450000.00 ESTEE LAUDER CO INC	493,984	496,373
485000.00 AMAZON.COM INC	490,879	493,558
490000.00 ROPER TECHNOLOGIES INC	489,314	496,404
435000.00 ANALOG DEVICES INC	491,451	496,566
490000.00 MORGAN STANLEY	490,000	518,043
500000.00 PNC BANK NA	500,000	500,755
298000.00 MICROSOFT CORP	301,911	325,010
590000.00 TOYOTA MOTOR CREDIT CORP	590,129	594,366
560000.00 APPLE INC	560,000	562,238
500000.00 UNILEVER CAPITAL CORP	497,445	502,677
340000.00 BANK OF AMERICA CORP	340,000	374,510
427000.00 GOLDMAN SACHS GRP INC FRN	427,197	431,126
580000.00 CITIGROUP INC	585,748	659,764
250000.00 NUCOR CORP	252,325	264,311
390000.00 ANTHEM INC	420,058	449,527
475000.00 PAYPAL HOLDINGS INC	487,552	496,794
445000.00 MCDONALD'S CORP	484,487	495,050
200000.00 SABINE PASS LIQUEFACTION	222,059	241,905
390000.00 LOWE'S COS INC	383,308	423,310
400000.00 QUALCOMM INC	398,984	431,045
445000.00 COMCAST CORP	488,329	490,539
445000.00 NATIONAL RURAL UTIL COOP	444,608	451,983
485000.00 AMERICAN HONDA FINANCE	485,373	490,797
468000.00 VISA INC	490,457	496,819
395000.00 TAKEDA PHARMACEUTICAL	488,478	490,692
225000.00 DIAGEO CAPITAL PLC	215,525	235,458
300000.00 BANCO SANTANDER SA	299,424	315,841
195000.00 BANK OF MONTREAL	194,089	196,525
475000.00 SUMITOMO MITSUI FINL GRP	475,000	515,481
450000.00 NUTRIEN LTD	483,676	488,874
285000.00 MAGNA INTERNATIONAL INC	295,905	311,975
75478.39 ALLYA 2018-2 A3	75,465	76,026
42447.89 BANC OF AMERICA MORTGAGE	47,933	39,136
337706.63 WOART 2018-D A3	337,639	344,614
0.00 GSR MTG LN TR 2006-10F	9	0

- TIN:

TY 2020 InvestmentsCorpStockSchedule

Name:

THOMAS LYLE WILLIAMS CARE-SALVATION ARMY

BESSEMER TRUST COMPANY NA

EIN:

36-6673112

Name of Stock	End of Year Book Value	End of Year Fair Market Value
906453.77 OW SMALL & MIDCAP STRAT FD	14,028,589	16,696,879
454773.00 ARTISAN GLOBAL VALUE INS	7,330,000	8,818,048
650360.33 OW LARGE CAP STRATEGIES FD	8,282,249	11,147,176
12486.00 COMCAST CORP CL A NEW	354,004	654,266
227.00 ALPHABET INC. CLASS A	37,545	397,849
2991.00 FACEBOOK INC-A	318,033	817,021
1307.00 CHARTER COMMUNICATIONS INC	528,118	864,645
381.00 ALPHABET INC CLASS C	63,009	667,466
940.00 NETFLIX INC	86,763	508,286
2749.00 ROSS STORES INC	243,628	337,604
6476.00 NIKE INC CL B	293,734	916,159
440.00 AMAZON.COM INC	185,349	1,433,049
9321.00 TJX COMPANIES INC	335,339	636,531
2686.00 DOLLAR GENERAL CORP	183,787	564,865
291.00 BOOKING HLDGS INC	551,351	648,135
405.00 CHIPOTLE MEXICAN GRILL	217,986	561,617
2935.00 YUM BRANDS INC	166,676	318,623
1450.00 COSTCO WHSL CORP NEW	57,940	546,331
2554.00 PEPSICO INC	142,434	378,758
4644.00 NESTLE SA SPNS ADR REPS	89,399	547,750
9965.00 CANADIAN NATURAL RES	273,438	239,658
6313.00 JPMORGAN CHASE & CO	389,106	802,192
7846.00 PROGRESSIVE CORP OHIO	101,468	775,812
1917.00 BERKSHIRE HATHAWAY CL B	351,797	444,494
2114.00 S&P GLOBAL INC.	141,849	694,935
1846.00 THERMO FISHER SCIENTIFIC	374,940	859,829
4682.00 ROCHE HLDG LTD SPON ADR	96,511	204,584
1842.00 UNITEDHEALTH GROUP INC	189,500	645,952
4202.00 JOHNSON & JOHNSON	250,415	661,310
1479.00 WATERS CORP	284,521	365,934
2127.00 BECTON DICKINSON & CO	189,571	532,217
4216.00 NOVARTIS AG ADR	199,358	398,116
633.00 TRANSDIGM GROUP INC COM	227,469	391,732
1357.00 ROPER TECHNOLOGIES INC.	263,037	584,989
3296.00 UNION PACIFIC CORP	228,953	686,293
3093.00 VERISK ANALYTICS INC-CL A	357,638	642,075
2048.00 3M CO	197,768	357,969
3359.00 FEDEX CORP	376,195	872,063
2801.00 MASTERCARD CL A	279,059	999,788
1601.00 ARISTA NETWORKS INC	347,076	465,202
799.00 ADOBE INC	21,021	399,595
5260.00 APPLE INC	68,056	697,949
2060.00 WORKDAY INC CL A	211,619	493,596
2824.00 ANALOG DEVICES	333,393	417,189
5717.00 MICROSOFT CORP	221,913	1,271,575
2044.00 GUIDEWIRE SOFTWARE INC	241,423	263,124
4985.00 TEXAS INSTRUMENTS INC	126,944	818,188
1705.00 ECOLAB INC	189,646	368,893
2173.00 AIR PRODUCTS & CHEMICALS	150,023	593,707
3272.00 LIVE NATION ENTERTMNT INC	144,922	240,426
2908.00 WILLIAMS SONOMA	209,745	296,150
10866.00 SERVICE CORP INTL	410,781	533,520
1728.00 VAIL RESORTS INC	389,113	482,042
2967.00 TRACTOR SUPPLY	355,544	417,100
674.00 POOL CORP	216,320	251,065
1617.00 ULTA BEAUTY INC	331,890	464,337
1455.00 SHAKE SHACK INC	102,603	123,354
11162.00 BROWN & BROWN INC	290,913	529,190
2007.00 MORNINGSTAR	407,323	464,760
4389.00 FIRST REP BK SAN FRANC	185,014	644,875
7267.00 CINCINNATI FINANCIAL CORP	503,492	634,917
1518.00 HILL-ROM HLDGS INC	142,400	148,718
792.00 REPLIGEN CORP	97,983	151,770
1567.00 STERIS PLC	224,171	297,009
4718.00 PERKINELMER INC	188,165	677,033
89.00 COSTAR GROUP INC	47,914	82,260
21269.00 CLARIVATE PLC	361,943	631,901
6430.00 ROLLINS INC	152,133	251,220
1577.00 EXPEDITORS INTL WASH INC	108,861	149,988
2003.00 ADVANCED DRAINAGE SYSTEMS	127,198	167,410
554.00 HEICO CORPORATION	16,168	73,349
5180.00 TORO CO	340,939	491,271
5095.00 JACOBS ENGR GROUP INC	347,213	555,151
3775.00 EVERBRIDGE INC	338,035	562,739
5446.00 CDW CORP/DE	512,881	717,728
4985.00 ENTEGRIS INC	335,485	479,058
4245.00 AMPHENOL CORP	279,153	555,118
5707.00 PAYCHEX INC	259,167	531,839
4988.00 CERIDIAN HCM HLDG INC	218,223	531,521
8065.00 GODADDY INC	457,899	668,991
2553.00 TENABLE HOLDINGS INC	94,982	133,419
9552.00 SS&C TECHNOLOGIES HOLDINGS	457,778	694,908
288.00 ANSYS INC	41,690	104,774
2778.00 MARTIN MARIETTA MATL INC	543,058	788,868
300.00 CHARTER COMMUNICATIONS INC	150,347	198,465
1835.00 TENCENT HOLDINGS LTD	77,041	133,445
550.00 SEA LTD ADR	24,488	109,477
1020.00 FACEBOOK INC-A	180,347	278,623
209.00 ALPHABET INC CLASS C	212,578	366,142
260.00 HOME DEPOT	41,052	69,061
1410.00 NIKE INC CL B	100,736	199,472
1000.00 HILTON WORLDWIDE HOLDINGS	105,608	111,260
955.00 ROSS STORES INC	94,629	117,283
170.00 LVMH MOET HENNESSY VUITTON	73,616	106,577
107.00 AMAZON.COM INC	128,239	348,491
455.00 ALIBABA GROUP HOLDINGS LTD	55,129	105,892
1030.00 PEPSICO INC	113,678	152,749
2240.00 CONOCOPHILLIPS	126,343	89,577
395.00 PIONEER NATURAL RESOURCES	65,613	44,986
1450.00 SCHWAB CHARLES CORP NEW	71,507	76,908
205.00 S&P GLOBAL INC.	53,385	67,389
2150.00 BLACKSTONE GROUP INC	127,978	139,341
137.00 BLACKROCK INC	70,235	98,850
1750.00 CITIGROUP INC	85,854	107,905
505.00 CHUBB LIMITED	55,478	77,729
330.00 AON PLC	68,334	69,719
5835.00 BANK OF AMERICA CORP	184,314	176,858
1140.00 IQVIA HOLDINGS INC	171,728	204,253
825.00 ZOETIS INC	71,841	136,537
480.00 UNITEDHEALTH GROUP INC	123,717	168,326
376.00 THERMO FISHER SCIENTIFIC	42,118	175,133
760.00 DANAHER CORP	78,124	168,826
1325.00 FORTIVE CO	74,181	93,836
775.00 SAFRAN SA	99,569	110,268
255.00 CINTAS CORP	49,902	90,132
1055.00 UNION PACIFIC CORP	183,110	219,672
1180.00 TEXAS INSTRUMENTS INC	127,842	193,673
120.00 ASML HOLDING	53,816	58,540
2465.00 MICROSOFT CORP	239,769	548,265
290.00 ADOBE INC	118,776	145,034
740.00 AMPHENOL CORP	72,126	96,769
1210.00 FIDELITY NATL INFO SVCS	131,264	171,166
3240.00 APPLE INC	136,496	429,915
1600.00 VISA INC	221,504	349,968
223.00 SERVICENOW INC	60,759	122,745
470.00 AIR PRODUCTS & CHEMICALS	117,723	128,413
590.00 AMERICAN TOWER CORP	112,550	132,431
985.00 AMEREN CORP	66,571	76,889
435.00 AMERICAN WATER WORKS CO	27,779	66,759
550000.00 OW CREDIT INCOME FUND	5,500,000	5,615,500

- TIN:

TY 2020 InvestmentsGovtObligationsSch

Name:

THOMAS LYLE WILLIAMS CARE-SALVATION ARMY

BESSEMER TRUST COMPANY NA

EIN:

36-6673112

US Government Securities - End of Year Book Value:

26,288,388

US Government Securities - End of Year Fair Market Value:

27,181,941

State & Local Government Securities - End of Year Book Value:

State & Local Government Securities - End of Year Fair Market Value:

- TIN:

TY 2020 InvestmentsOtherSchedule2

Name:

THOMAS LYLE WILLIAMS CARE-SALVATION ARMY

BESSEMER TRUST COMPANY NA

EIN:

36-6673112

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
1.00 SELECT EQUITY LP BAXTER	AT COST	4,550,000	7,495,752
3082.34 5TH AVE MUL-STRAT OFF S1	AT COST	7,719,580	8,513,361
3589.93 5TH AVE MUL-STRAT OFF S1	AT COST	8,000,000	9,915,311

- TIN:

TY 2020 OtherAssetsSchedule

Name:

THOMAS LYLE WILLIAMS CARE-SALVATION ARMY

BESSEMER TRUST COMPANY NA

EIN:

36-6673112

Description	Beginning of Year - Book Value	End of Year - Book Value	End of Year - Fair Market Value
BROOKFIELD BUSINESS PARTNERS LP	2,240	2,278	2,278
FIFTH AVENUE PRIVATE EQUITY 11 LLC	1,902,580	1,817,253	1,783,681
FIFTH AVENUE PRIVATE EQUITY 12 LLC	1,951,307	1,867,629	1,843,941
FIFTH AVENUE PRIVATE EQUITY 13 LLC	2,474,628	2,449,612	2,430,753
FIFTH AVENUE PRIVATE EQUITY 14 LLC	1,407,325	1,964,297	1,966,013
FIFTH AVENUE PRIVATE EQUITY 15 LLC	397,166	1,347,496	1,328,334
FIFTH AVENUE REAL ASSETS 3 LLC	1,302,507	1,300,081	1,221,328
FIFTH AVENUE REAL ASSETS 4 LLC	754,775	1,199,742	878,593
FIFTH AVENUE REAL ASSETS 5 LLC	0	-25,512	-25,512
POLUNIN DEVELOPING COUNTRIES FUND LLC	2,816,559	3,095,984	3,094,384

- TIN:

TY 2020 OtherExpensesSchedule

Name:

THOMAS LYLE WILLIAMS CARE-SALVATION ARMY

BESSEMER TRUST COMPANY NA

EIN:

36-6673112

Description	Revenue and Expenses per Books	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
OTHER DEDUCTIONS THROUGH PARTNERSHIPS	30,687	30,687		0
NONDEDUCTIBLE EXPENSES THROUGH PARTNERSHIPS	1,623	0		0

- TIN:

TY 2020 OtherIncreasesSchedule

Name:

THOMAS LYLE WILLIAMS CARE-SALVATION ARMY

BESSEMER TRUST COMPANY NA

EIN:

36-6673112

Description	Amount
BOOK TO TAX DIFFERENCES	22,738

- TIN:

TY 2020 OtherProfessionalFeesSchedule

Name:

THOMAS LYLE WILLIAMS CARE-SALVATION ARMY

BESSEMER TRUST COMPANY NA

EIN:

36-6673112

Category	Amount	Net Investment Income
INVESTMENT MANAGEMENT FEES	178,931	178,931
ADR FEES	161	161
JOHN W. BRISTOL & CO. INC.	80,188	80,188
SELECT EQUITY GROUP INC.	128,236	128,236
SOUTHEAST ASSET ADVISORS INC.	92,421	92,421
INVESTMENT MANAGEMENT FEES THROUGH PARTNERSHIPS	559,342	559,342

- TIN:

TY 2020 TaxesSchedule

Name:

THOMAS LYLE WILLIAMS CARE-SALVATION ARMY

BESSEMER TRUST COMPANY NA

EIN:

36-6673112

Category	Amount	Net Investment Income
FEDERAL TAX CREDITS THROUGH PARTNERSHIPS	288	0
FOREIGN TAX PAID	12,021	12,021
FOREIGN TAX PAID THROUGH PARTNERSHIPS	15,194	15,194
FOREIGN TAX WITHHELD IN EXCESS	2,780	0
STATE TAX WITHHOLDINGS THROUGH PARTNERSHIPS	1,712	1,712